Research: Starter Homes Ballot Question Would Unlock Hundreds of Houses Per Year
New research from Tufts University found that a proposed ballot question would have “a real but limited impact” on Massachusetts’ housing problems.
Cape & Coast Bank Names Chief Commercial Lending Officer
Cape & Coast Bank has promoted Robert Carey to chief commercial lending officer at the institution.
Developers Sue, Saying Eastern Bank Disclosed Personal Financial Info
City Realty’s co-founders claim Eastern Bank posted their personal financial information to a loan-sales portal without their permission.
Barney Frank Leaves Complicated Legacy in Mass. Banking Landscape
The late Rep. Barney Frank at once cared deeply for the health of local financial institutions, yet co-authored one of the biggest drivers of bank consolidation today.
Mixing Retail and Relationships in New Branches
The Village Bank is adding a retail incubator storefront to its latest location. If it works, President and CEO Joe De Vito says, more banks should copy the idea.
Leader Bank Adds Former Citizens Private Bankers
Leader Bank has announced four new hires, bankers who’ve all left Citizens Private Bank to join the Arlington-based lender.
Buying Advantages Take Longer to Realize in New England
It now takes less time for homebuyers in Greater Boston to realize the benefits of buying compared to renting.
Reading Cooperative Bank Adds Small Business Payment Tool
Reading Cooperative Bank has become the first institution to utilize Rebolt’s tool, which can be integrated with stablecoin networks.
Rockland Federal Credit Union Rebrands to Arise Financial
Rockland Federal Credit Union will rebrand to Arise Financial on Aug. 1, leaving behind a name it’s used since 1922.
MAP: These Mass. Counties Saw Big Home-Lending Jumps
While purchase activity is stalling across the state and the nation, but much of Massachusetts counties still saw significant gains in loans to homebuyers.
Massachusetts’s Spring Housing Bust
The Massachusetts spring housing market was supposed to be buzzing and more affordable this year. The sluggish market we actually got has been anything but that.
Florence Bank Names New CFO
Florence Bank has lured Pittsfield Cooperative Bank’s chief operating officer away following the latter’s plans to merge with Adams Community Bank.
Boston Renters Getting Concessions
New data shows Greater Boston’s landlords are increasingly willing to give away things like a free month of rent as the apartment market slumps.
All One Credit Union CEO Retiring At Year’s End
“I am proud of what we have accomplished together and confident in the bright future ahead,” Barbara Mahoney said in a statement.
Boston Luxury Market Softening to Start Year
The Boston luxury home market started the year with a lack of sales activity and a lack of inventory, in a reversal of the larger national trend of a reviving market.
Mass. Migration Aiding Bank Movement to New Hampshire
What’s driving bank after Massachusetts-based bank to buy smaller New Hampshire lenders? Executives cite factors familiar to anyone who’s moved north, themselves.
Under Pelton, The Boston Foundation Pushed Housing Fixes
In his five years at the helm of The Boston Foundation, retiring CEO Lee Pelton played a key role in pushing Massachusetts to tackle housing affordability.
Smallest Gap Between Boston Homebuyers, Sellers on Record
With summer and an end to the spring market on the horizon, home sellers and buyers appear to be evenly matched in Greater Boston.
Hanscom Federal Credit Union Names Chief Legal Officer
Johan Seo was formerly general counsel at Workers Credit Union and a senior leader at East West Bancorp and a director at the Federal Reserve Bank of San Francisco.
Spring Home-Sales Slowdown Continued in April
After a slow March, Massachusetts home sales continued to have a slow start to the year, new data shows.
